Developer offloads 55,000 sq ft logistics scheme
Developer Chancerygate has sold Boundary43, its 55,000 sq ft urban logistics scheme in Brackley, to a private investor for an undisclosed sum.
The scheme, on the Buckingham Road Industrial Estate off Boundary Road, comprises 14 Grade A units. These range from 2,100 to 19,200 sq ft and are available on a leasehold basis.
Chancerygate development director, George Dickens, said: “This deal is the culmination of years of hard work and expertise to develop Boundary43 and will help satisfy the strong demand there is for prime urban logistics accommodation in the region.
“The sale is also a testament to our product’s sustainability credentials, flexible sizing and proximity to key infrastructure and transport hubs, all of which are attractive to both investors and occupiers.”